MBD resort row: land belongs to panchayat
The upcoming MBD Krishna Resort on the Jalandhar-Phagwara highway has once again run into trouble with the district development and panchayat officer (DDPO) ruling that four kanals and 18 marla portion of prime 8-acre land under the project belongs to Kot Kalan village panchayat.punjab Updated: Nov 18, 2014 00:36 IST
The upcoming MBD Krishna Resort on the Jalandhar-Phagwara highway has once again run into trouble with the district development and panchayat officer (DDPO) ruling that four kanals and 18 marla portion of prime 8-acre land under the project belongs to Kot Kalan village panchayat.
The decision was taken on October 27 in the favour of Kot Kalan panchayat and against Krishna Real Estate Enterprises.
Jalandhar DDPO AS Gujral said, “The four kanal and 18 marla portion is worth Rs 100 crore at prevailing market rates. The portion is in illegal possession of the MBD Group.”
Kot Kalan village sarpanch Som Nath said, “I have met revenue officials such as the kanungo and the tehsildar to provide possession of land as per DDPO order with the help of police.”
He further said the panchayat representatives along with the kanungo concerned visited the site where the resort is being constructed but the company officials closed the gate as a result of which they sought the help of police.
He said that apart from this, lands worth Rs 100 crore in several villages of district which were in illegally possession will be given back to panchayat as cases have been decided by him.
Manav Inder Singh Guram, manager, marketing and communications, MBD Group, said, “The matter is sub judice and the disputed portion is a small part of the project.”
Started in 2007, it is an ambitious project of the group giving it a look of a heritage building but has been hanging fire due to legal battles.
The project, started by AK Malhotra, had come to a halt after some non-family directors of the company, Prem Singh Syal and Gurcharan Singh Syal, lodged a case against directors of the company, Satish Bala Malhotra, Monica Malhotra Kandhari and Sonica Malhotra Kandhari.
On June 24 this year, the group had got back the possession of the project ‘MBD Krishna Resorts’ with the help of police after a litigation of more than four years on the orders of the additional districts and sessions judge.
The MBD Group had approached the higher courts and also petitioned with the Company Law Board about “manipulation of records” and claimed the Syals tried to hoodwink the authorities by making false claims.
The Company Law Board after perusing all the records ruled in favour of the Malhotra family that owns the MBD Group.
First Published: Nov 17, 2014 21:54 IST